News by Sulhi Azman

In September 2015, MRCB, in partnership with George Kent (M) Bhd, was selected by Prasarana as the project delivery partner (PDP) to construct LRT3.

It is set to launch local properties worth RM2 billion in GDV this year.

"We know that the value of this project is huge and if there are ways and means to relook the whole thing ... [we will] see if we can cut cost." 

Last week, TA’s 60.17%-subsidiary TA Global Bhd announced it had deferred the launch of three residential and mixed-development property projects worth at RM5.5 billion in gross development value to next year.

It will continue to remain focused on the Klang Valley.

"We will be partnering a property developer to jointly develop the KUB Tower."

‘Biggest personal asset seizure in M’sia commercial crime history’

Selangor Properties did not declare any dividend for the quarter under review.

According to MB World’s stock exchange filing, its unit MB Max Sdn Bhd has inked a development rights agreement (DRA) with Shiya Sdn Bhd, which owns the freehold land that is made up of 76 plots in Sierra Perdana, Johor Baru.

It could be done at a cost of not more than RM3 billion, which is only just over 5% of the ECRL price tag.